03:08
USD 68.81
EUR 80.45
RUB 1.04

Kyrgyzstan issues first mortgage bonds

The State Mortgage Company carried out the first public issue of the mortgage bonds in the history of Kyrgyzstan for a total of 200 million soms. The company’s website says.

According to it, the nominal value of a bond is 20,000 soms, the circulation period — 2 years.

Yield of the bonds is set at 8.3 percent per annum, payment of the interest income — every six months.

Mortgage bonds are debt securities, which are collateralized by mortgage collateral.

Popular